International Rectifier (IRF -4.3%) is off after receiving a downgrade to Sell from Goldman's...
Thursday, December 13, 2012, 2:13 PM ETInternational Rectifier (IRF -4.3%) is off after receiving a downgrade to Sell from Goldman's James Schneider, who expects shares to underperform during the first stages of a chip industry recovery. Pricing and margin pressure for discrete analog chips, high inventories, and sub-par execution are all cited. Meanwhile, fellow analog names Linear Tech (LLTC -2.9%) and Analog Devices (ADI -1.5%) are slightly underperforming after respectively catching downgrades to Sell and Neutral from Citi.
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